Capital Gains Tax Rate 2024/25 . In contrast, jill is only liable to tax on the gain realised. Add this to your taxable income.
The central board of direct taxes (cbdt) has issued frequently asked questions (faqs) dated 24 july 2024, clarifying certain points in relation to the capital. For the 2024 to 2025 tax year the allowance is £3,000, which leaves £9,600 to pay tax on.
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